#EthereumFuture Ethereum (ETH) is currently trading at approximately $1,799.76, reflecting a modest increase of 1.93% over the past 24 hours.
Binance$ETH
Price Forecasts & Market Sentiment
Short-Term Outlook: Ethereum has
recently broken out of a consolidation phase after surpassing its 21-day Exponential Moving Average (EMA). This technical development suggests potential upward momentum, with analysts projecting a possible climb to $3,000 if
historical patterns persist fxempire.com
Mid-Term Projections: Some forecasts anticipate Ethereum reaching between $3,300 and $3,400 by October 2025
Long-Term Predictions: Experts from
Finder predict a bullish trajectory for Ethereum, estimating it could surpass $6,100 by the end of 2025 and potentially reach up to $12,000 by 2030
changelly.com
Upcoming Developments: The Pectra Upgrade
Scheduled for mainnet launch around May 7, 2025, the Pectra upgrade encompasses 11 Ethereum Improvement Proposals (EIPs). This upgrade aims to enhance staking efficiency and network scalability, factors that could contribute to long-term value
Accumulation Trends
On April 22, 2025, Ethereum experienced a record-breaking single-day inflow of 449,000 ETH into accumulation addresses, the highest since 2018. This significant accumulation suggests strong confidence among long-term holders, even amidst recent price declines
Critical Perspectives
Charles Hoskinson, founder of Cardano, has expressed skepticism about Ethereum's long-term viability, predicting its potential obsolescence within the next 10-15 years due to structural and architectural concerns